PLEASE NOTE: We are OPEN. However, due to partial remote workplace staffing, the telephone number for Lawrence R. Jensen & Associates is temporarily changed to 408-656-1520. We are available by phone and teleconference to our clients and for new client phone consultations. We look forward to serving your legal needs.
When deciding how to build your business, you want to pick the entity that will provide you with most protections and benefits. Many new business owners opt to form an LLC. However, there are pros and cons to all types of entities. Even a popular one, like an LLC, has...
When you start a business, you want to take the right steps for success in both the short-term and long-term. One of the most vital aspects involved is the creation of your business entity. There are many different formation options to choose. But often the best...
When two or more people opt to start a business venture, they often consider structuring as a partnership. If they ultimately decide a partnership is the right entity after evaluating the pros and cons, they’ll need to decide the type of partnership to form....
Franchise parent companies generally require franchisees to sign a contract. However, as noted by Chron, a part of the daily Houston Chronicle newspaper, a franchise agreement may not stipulate that franchisees form a specific business structure. A sole...
The managing partner of a business structured as a partnership takes on the responsibility for its day-to-day operations. He or she has decision-making authority whereas the other partners may provide operating and growth capital in exchange for the business’s...
As an aspiring entrepreneur or business owner, one of the first steps you face is deciding what form of business organization (also known as a business entity) to choose for your business. Each one has its own benefits. At the same time, they all have drawbacks, too....
Although you may anticipate certain business-related issues once your California start-up is running, you may not realize there are some challenging issues before you even open your physical or virtual doors. Your business structure can affect your growth options as...
Officials have announced that California will likely reopen on June 15, potentially fueling an entrepreneurial boom. A recent piece in Forbes delves into this possibility, noting the time we spent pent up during the pandemic may have provided an opportunity to foster...
Whether you are in the process of launching a small business or you simply want to review the feasibility of starting your own business, you need to focus on many facets of business formation. For example, consider the advantages of such a move and make sure you...
If you are in the commercial real estate business, you likely have a steady flow of income from every property you lease. Still, owning commercial real estate is not without risk. If a tenant or someone else sues you after an incident at one property, you do not want...
